Showing 1 - 10 of 1,199
We study the response of an economy to an unexpected epidemic. Households mitigate the spread of the disease by …
Persistent link: https://www.econbiz.de/10012837189
This paper documents an increase in residential electricity consumption while industrial and commercial consumption has fallen during the COVID-19 pandemic in the United States. Hourly smart meter data from Texas reveals how daily routines changed during the pandemic, with usage during weekdays...
Persistent link: https://www.econbiz.de/10013221964
We explore how household consumption responds to epidemics, utilizing transaction-level household financial data to investigate the impact of the COVID-19 virus. As the number of cases grew, households began to radically alter their typical spending across a number of major categories. Initially...
Persistent link: https://www.econbiz.de/10013246512
We investigate how the coronavirus pandemic affected the demand for online food shopping services using data from the …
Persistent link: https://www.econbiz.de/10012829792
We examine the distribution of household consumption, income and savings from 2019 through the end of 2020 using the Consumer Expenditure Survey (CE) and other data. This is the first work to study the impact of the COVID-19 pandemic on economic well-being using nationally representative...
Persistent link: https://www.econbiz.de/10013295152
Households spent only a small fraction of their 2020 Economic Impact Payment (EIPs) within a couple of months of arrival, consistent with i) pandemic constraints on spending, ii) other pandemic programs and social insurance, and iii) the broader disbursement of the EIPs compared to the economic...
Persistent link: https://www.econbiz.de/10014242825
misinforming audiences. We study the extent to which misinformation broadcast on mass media at the early stages of the coronavirus …
Persistent link: https://www.econbiz.de/10012830479
The Covid-19 Pandemic has led to changes in consumer expenditure patterns that can introduce significant bias in the measurement of inflation. I use data collected from credit and debit transactions in the US to update the official basket weights and estimate the impact on the Consumer Price...
Persistent link: https://www.econbiz.de/10012831285
We use U.S. household-level bank account data to investigate the heterogeneous effects of the pandemic on spending and savings. Households across the income distribution all cut spending from March to early April. Since mid April, spending has rebounded most rapidly for low-income households. We...
Persistent link: https://www.econbiz.de/10012826647
Using loan-level mortgage data merged with consumer credit records, we examine the ability of the government to impact … mortgage refinancing activity and spur consumption by focusing on the Home Affordable Refinance Program (HARP). The policy … interventions, pass-through of monetary policy through household balance-sheets and design of the mortgage market …
Persistent link: https://www.econbiz.de/10013016652